Robert L. Lipton, Inc. dba Lipton Toyotabenefits

Robert L. Lipton, Inc. dba Lipton Toyota's benefits plans covered 148 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $1,009,084. Insurance brokers and agents were paid $73,938 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.3% of premiums. That is $500 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $63,938 in 2023.